Fenbi Ltd. (2469) has issued a profit alert for the year ended December 31, 2025. The company anticipates revenue of not less than RMB2,656.00 million for 2025, representing a decrease of no more than 4.80% compared to RMB2,789.80 million in 2024. According to the announcement, this decline is primarily attributed to reduced sales of tutoring services and books, amid continuing intense competition in the recruitment examination tutoring industry in China.

Net profit is expected to be not less than RMB185.00 million, marking a maximum decrease of 22.80% from RMB239.60 million in 2024. Meanwhile, adjusted net profit (non-IFRS measure), which excludes share-based payments, is projected at a minimum of RMB270.00 million for 2025, reflecting a decline of no more than 25.50% from RMB362.50 million a year earlier. The announcement emphasizes that these figures are based on unaudited management accounts under review and may differ from final audited results.

The company has stated that the final annual results for 2025 will be published in March 2026 in accordance with Hong Kong Listing Rules, and advises shareholders to exercise caution when dealing in its shares.